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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (110192)	9/18/2000 5:08:14 PM
From: Road Walker	Respond to of 186894

Jim, re: "They may take gains in Intel to counter losses in other stocks." Well, if they need to sell stocks with cap gains to counter their tax loss selling, why do they need tax loss selling in the first place. Oh, never mind. I think there is some serious worry that the Fed went too far, and the slowdown may be more than expected. Coupled with increasing costs for energy, and the currency translation cost for multinationals, companies might try to reach earnings by reducing capex, including IT budgets. Higher energy prices will mean consumers will have less disposable income, so softer Christmas PC sales. But, Amy's chart is a good one. Sentiment is always lousy in September, always good by the end of October. I don't know why... John